PPP UPDATE
M&F Bank will stop taking all PPP First and Second Draw loan applications at 5pm on Friday May 21, 2021. If you plan to submit a loan application, please be sure to submit complete loan applications with all questions answered and all required initials and signatures in place.
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Open New Account
Paycheck Protection Program
COVID-19 Resource Center
Mobile App Enrollment
Mobile App
Banking made more simple, convenient, and seamless― with just a touch.
Account Opening Made Simple
Open a checking account from almost anywhere.
Dream BIG HELOC
No Closing Costs. No Hassle. No Fooling. Let M&F Bank help make your dreams come true.
Dash Checking
The account to help manage your busy lifestyle. Dash Checking was designed with you in mind.
Treasury Management
Make managing you business’ finances possible 24 hours a day, 7 days a week with our cash management services.
SBA Lending
Let our experienced commercial lenders guide you to the loan program that’s right just for you.
Customer Testimonials
Customer Testimonials
Customer Testimonials
Customer Testimonials
Mobile App
Banking made more simple, convenient, and seamless― with just a touch.
Account Opening Made Simple
Open a checking account from almost anywhere.
Dream BIG HELOC
No Closing Costs. No Hassle. No Fooling. Let M&F Bank help make your dreams come true.
Dash Checking
The account to help manage your busy lifestyle. Dash Checking was designed with you in mind.
Treasury Management
Make managing you business’ finances possible 24 hours a day, 7 days a week with our cash management services.
SBA Lending
Let our experienced commercial lenders guide you to the loan program that’s right just for you.
Relationships Rule
When asked to identify the quintessential ingredient that makes community banking special, we don’t hesitate to answer, “Relationships.”
M&F Bank focuses exclusively on delivering the products and services our customers want, while our local roots and accountability ensure our interests remain tied to our neighbors here in North Carolina.
At M&F Bank, we work with our customers to help them realize their financial dreams, whether opening a business, purchasing a home or planning for retirement. And we nurture our community by donating time and money to important causes and contributing tax dollars that help maintain local municipalities—all of which help keep local neighborhoods viable and vibrant.
Establish Good Credit to Secure Your Financial Future
M&F Bank and the Independent Community Bankers of America (ICBA) are encouraging customers to take stock of their finances and establish and maintain good credit habits to create a pathway to financial health and prosperity in the New Year.
“Good credit is essential to building a strong financial foundation, so it’s important to create and maintain responsible credit practices that showcase sound money management,” said Travis Rouse, Chief Sales & Lending Officer at M&F Bank. “Think of a budget as a monthly cash flow that helps manage your spending and savings behavior. M&F Bank is here to help you maintain the right balance to achieve your goals and avoid financial pitfalls.”
Establish Good Credit to Secure Your Financial Future
M&F Bank and the Independent Community Bankers of America (ICBA) are encouraging customers to take stock of their finances and establish and maintain good credit habits to create a pathway to financial health and prosperity in the New Year.
“Good credit is essential to building a strong financial foundation, so it’s important to create and maintain responsible credit practices that showcase sound money management,” said Travis Rouse, Chief Sales & Lending Officer at M&F Bank. “Think of a budget as a monthly cash flow that helps manage your spending and savings behavior. M&F Bank is here to help you maintain the right balance to achieve your goals and avoid financial pitfalls.”
Trending Articles
M&F Bancorp, Inc. Announces First Quarter 2021 Results, and Issues Quarterly Dividend
DURHAM, N.C.– M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited financial results for the first quarter of 2021 today. James H. Sills III, President and CEO of the Company, commented, “The first quarter of 2021 was one of the best for the Company in many years. We are continuing to experience strong total asset and deposit growth. I am pleased to report that along with improved core earnings, the Company recently announced a $0.02 per share common stock cash dividend payable to shareholders in May 2021.
M&F Bancorp, Inc. Announces Cash Dividend
DURHAM, NC (April 28, 2021) — M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced that its Board of Directors has declared a cash dividend on its common stock of $0.02 per share payable on May 19, 2021 to shareholders of record as of May 10, 2021. James A. Stewart, Chairman of the Board, stated, “We are pleased to announce this dividend based on improved Company performance. Like most banks, we have been watchful of the economic effects of the COVID-19 pandemic, and we are greatly relieved that the worst fears of economic crisis were not realized.” The Company is a bank holding company headquartered in Durham, NC with assets of approximately $309 million as of December 31, 2020. The Bank is a state-chartered commercial bank founded in 1907, and has operated continuously since 1908. With branch locations in Durham, Raleigh, Charlotte, Greensboro and Winston-Salem, NC, M&F Bank is one of only a few NC banks designated by the U.S. Treasury as a Community Development Financial Institution.
How 2020 turned into a record growth year for Durham’s Black-owned M&F Bank
DURHAM, NC (March 27, 2021) — The force of that movement led to a serious transfer of money, from hundreds of millions of dollars being donated to Historically Black Colleges and Universities to small, Black-owned businesses selling out their inventory in a matter of days.
Trending Articles
M&F Bancorp, Inc. Announces First Quarter 2021 Results, and Issues Quarterly Dividend
DURHAM, N.C.– M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited financial results for the first quarter of 2021 today. James H. Sills III, President and CEO of the Company, commented, “The first quarter of 2021 was one of the best for the Company in many years. We are continuing to experience strong total asset and deposit growth. I am pleased to report that along with improved core earnings, the Company recently announced a $0.02 per share common stock cash dividend payable to shareholders in May 2021.
M&F Bancorp, Inc. Announces Cash Dividend
DURHAM, NC (April 28, 2021) — M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced that its Board of Directors has declared a cash dividend on its common stock of $0.02 per share payable on May 19, 2021 to shareholders of record as of May 10, 2021. James A. Stewart, Chairman of the Board, stated, “We are pleased to announce this dividend based on improved Company performance. Like most banks, we have been watchful of the economic effects of the COVID-19 pandemic, and we are greatly relieved that the worst fears of economic crisis were not realized.” The Company is a bank holding company headquartered in Durham, NC with assets of approximately $309 million as of December 31, 2020. The Bank is a state-chartered commercial bank founded in 1907, and has operated continuously since 1908. With branch locations in Durham, Raleigh, Charlotte, Greensboro and Winston-Salem, NC, M&F Bank is one of only a few NC banks designated by the U.S. Treasury as a Community Development Financial Institution.
How 2020 turned into a record growth year for Durham’s Black-owned M&F Bank
DURHAM, NC (March 27, 2021) — The force of that movement led to a serious transfer of money, from hundreds of millions of dollars being donated to Historically Black Colleges and Universities to small, Black-owned businesses selling out their inventory in a matter of days.
